Stripe Becomes Most Valuable Startup in US, $600M Funding Pushes Its Valuation to $95B
Stripe plans to use the funds to expand its European headquarters business and its general businesses in Europe as well.
Startups
Find all the key stories related to the world of startups, explore the latest breaking news about major unicorns, tech pioneers and financial disruptors 
Walmart Poaches Goldman Sachs Top Talents to Lead Its Fintech Startup
Walmart is set to venture into the financial system through a new fintech startup to offer its customers and employees a reliable service.
SEC Raises Crowdfunding Limit for Crypto Startups from $1.07M to $5M
By John K. Kumi
Crowdfunding has been the way through which crypto startups get smaller investments from non-accredited investors as they obtain security offerings without having to register with the SEC.
Ripple Invests in SBI Holdings Subsidiary MoneyTap
Ripple Labs announced a fresh investment in MoneyTap to drive more adoption and development in the Southeast Asia market.
Algorand Launches Europe Accelerator Program to Boost Startups with up to $500k in Grant
Applications for the Algorand Europe Accelerator are currently open until December 18, 2020.
Arthur Hayes Steps Down as BitMEX CEO Following U.S. Government Charges
By Daria Rud
100x Group COO Vivien Khoo will serve as BitMEX interim CEO. Ben Radclyffe, BitMEX Commercial Director, will have more responsibilities for client relationship handling and oversight of financial products.
Louis Vuitton, Chanel and Volvo to Expand their Markets in Thailand via Japanese Chat App Line
By Daria Rud
Line is by far the most popular messenger app in Thailand. After Japan, it is its second-largest market. Right now, it has almost 40 million active users in Thailand.
Federal Judge Rules that Kik’s 2017 Token Sale Violated US Securities Law
By Daria Rud
Before October 20, the parties have to file either a joint proposal for Kik’s investors, or a document with a proposal on how to proceed.
VW-backed QuantumScape to Go Public at $3.3B Valuation
QuantumScape said that it plans to go public. It is the latest transportation startup to integrate with a special purpose acquisition company or SPAC.
Japanese Lunar Lander Startup ispace Raises $28M in Series B Funding
The Japanese startup ispace which is planning several lunar lander missions has raised about $28 million in a Series B funding round to help it prepare for several missions to the Moon in the coming years.
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